Excellent investment opportunity at 34 Oak Street in Augusta! This updated in-town two-unit offers strong rental income and a solid opportunity for an investor looking for an established, income-producing property. The property has benefited from numerous improvements, including updates to the roof, windows, flooring, paint, bathrooms, and more. The property is heated efficiently with natural gas, helping keep overall operating costs manageable. Each unit also has their own washer & dryer, dedicated off-street parking, adding convenience for tenants. Both units are currently occupied on month-to-month rental agreements, with Unit 1 renting for $1, 400 per month and Unit 2 for $1, 300 per month, generating $32, 400 in annual gross rental income. Tenants pay their own electric and hot water. With established rental income, efficient natural-gas heat, dedicated parking, updated major components, and a convenient Augusta location, this property offers an attractive opportunity for both seasoned and first-time multifamily investors. 34 Oak Street, Augusta and 167 Summer Street, Auburn may also be purchased together as a package, with favorable package pricing available. Inquire for details.
- State:
- ME
- County:
- Kennebec
- City:
- Augusta
- Zipcode:
- 04330
- Street:
- Oak
- Street Suffix:
- Street
- Longitude:
- W70° 13' 26.1''
- Latitude:
- N44° 18' 57.1''
- Heating System:
- Forced Air, Direct Vent Heater, Gas Natural
- Cooling System:
- None
- Basement:
- Full, Interior Entry, Unfinished, Bulkhead, Crawl Space
- Patio:
- Deck
- Parking:
- 1 - 4 Spaces, Gravel, Off Street
- Window Features:
- Double Pane Windows
- Waterfront Features:
- Nearby
- Sewer:
- Public Sewer
- Flooring:
- Wood, Laminate
- Architectural Style:
- New Englander
- Year Built:
- 1900
- Office:
- Maine Source Realty
- Water Source:
- Public
- Stories Total:
- 3
- Stories:
- 2
- On Market Date:
- 2026-10-02
- Number Of Units Total:
- 2
- Lot Features:
- Intown, Level, Open Lot, Sidewalks, Near Shopping, Neighborhood, Rolling Slope, Near Public Transit
- Levels:
- Multi-Level
- Foundation Details:
- Poured Concrete
- Electric:
- Circuit Breakers
- Construction Materials:
- Vinyl Siding, Wood Frame
- Building Size:
- 2430
- Tax Annual Amount:
- 4112.0
- List Agent Mls Id:
- 018106
- List Office Mls Id:
- 1879
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-02T18:39:00Z
- Originating System Name:
- Maine
- Status Change Timestamp:
- 2026-10-02T14:01:21Z
- Zoning:
- BP
Augusta
34 Oak Street, Augusta, Maine 04330
- Property Type :
- Residential Income
- Listing ID :
- 1682897
- Price :
- $289,000
- Acreage :
- 0.07 Acre
- Full Bathrooms :
- 2
- Listing Status :
- Active
- Roof:
- Shingle
